Total Rewards Analyst @ Lamb Weston | Jobright.ai
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Total Rewards Analyst jobs in Idaho, United States
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Lamb Weston · 6 hours ago

Total Rewards Analyst

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Comp. & Benefits

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Responsibilities

Support the design, implementation and administration of compensation and benefits programs.
Administer compensation plans in Workday, including ensuring employees are accurately assigned to eligible compensation plans, ensuring eligibility rules are kept current, and supporting the execution of year-end compensation planning (i.e., merit, bonus and stock awards), and partnering with HRIS/Payroll to ensure accurate payment of compensation.
Analyze, evaluate and support the design of various pay programs including base pay, short-term incentive, long-term incentive programs, stock-based compensation and sales incentive programs with the specifications for new plans or modifications to existing plans to maintain the company’s competitive position market.
Conduct market studies to determine benchmarks, gather going rates of pay, and determine competitive positioning. Evaluate and analyze salary data, own the salary surveys’ submission process thereby supporting Lamb Weston’s competitiveness in the marketplace.
Analyze, forecast and report labor market trends and developments in pay, unemployment, CPI and turnover. Assists in in the preparation of merit budget recommendations salary structure changes and other related actions.
Maintain job families, title and grades.
Contribute to the preparation of materials for the Lamb Weston Board of Directors Compensation Committee.
Provide support to HR leaders on compensation-related matters.
Maintains current knowledge of environmental, legal and regulatory factors that impact compensation practices. Keeps current on trends in total rewards strategies.
Lead the AOP data collection process and materials preparation for Total Rewards annual budget presentation.
Estimate annual expenses for various benefits program.

Qualification

Find out how your skills align with this job's requirements. If anything seems off, you can easily click on the tags to select or unselect skills to reflect your actual expertise.

Compensation analysisBenefits administrationWorkday HCMAdvanced ExcelAlteryxPower BIMarket studiesLabor market analysisJob evaluationsSalary surveysRegulatory complianceMicrosoft applications

Required

Bachelor’s degree in Mathematics, Statistics, Finance, Business Administration, Human Resources, or related field, or equivalent work experience.
Must have a minimum of 2 years’ experience with analysis of compensation or benefits programs or educational equivalent.
Must be technologically adept and able to work with multiple Microsoft applications and HRIS (preferably Workday), etc.
Advance knowledge of Excel (pivot tables, VLookUp, Concatenation and other functions).
Must have high work capacity, results-oriented drive and strong sense of urgency.

Preferred

Minimum of 1 years of experience with Workday HCM and Advanced Compensation (i.e., year-end merit, bonus and stock awards consolidated Workday business process) strongly preferred.
Proficient in Alteryx and Power BI preferred.

Benefits

Health Insurance Benefits - Medical, Dental, Vision
Flexible Spending Accounts for Health and Dependent Care, and Health Reimbursement Accounts
Well-being programs including companywide events and a wellness incentive program
Paid Time Off
Financial Wellness – Industry leading 401(k) plan with generous company contributions, Financial Planning Services, Employee Stock purchase program, and Health Savings Accounts, Life and Accident insurance
Family-Friendly Employee events
Employee Assistance Program services – mental health and other concierge type services

Company

Lamb Weston

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When most people look at a potato, they see just a potato. But when we look at a potato, we see possibilities.

Funding

Current Stage
Late Stage

Leadership Team

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Bernadette Madarieta
Chief Financial Officer
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Michael Smith
Chief Operating Officer
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Company data provided by crunchbase
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